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Dollar mostly higher as Treasury buying continues

May 26, 2009 1:07 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Foreigners' demand for U.S. government debt showed no signs of slackening Tuesday, helping shore up the dollar against most of the major currencies Wednesday.The Treasury sold $40 billion in two-year notes on Tuesday. Investors had been worried that if Americans and big Treasury...

Down enrollment forces Wash. private school cuts, 1st Ld-Writethru, WA

May 26, 2009 1:07 pm | by The Associated Press | News | Comments

EVERETT, Wash. (AP) — Private schools in Washington state are cutting spending to make up for dropping enrollment and more requests for financial aid.The Washington Federation of Independent Schools says private school enrollment in the state is down by up to 15 percent for next fall.The recession...

HL:Trust for retired autoworkers' health benefits trades one risk for another: CAW@

May 26, 2009 1:07 pm | by Kristine Owram@Associated Press | News | Comments

TORONTO — A new fund to cover the health benefits of more than 50,000 auto-industry retirees would provide protection if one of the big carmakers folded, but could mean reduced benefits down the road.Canadian Auto Workers economist Jim Stanford said Tuesday that the health-care trust, being...

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QuStream Corporation Reports 2009 First Quarter Results

May 26, 2009 1:07 pm | by The Associated Press | News | Comments

QuStream Corporation ("QuStream" or the "Company") (TSX VENTURE: QVC), an innovative global provider of high-definition (HD) broadcast solutions, today announced its first quarter fiscal 2009 results.Revenue for the first quarter of fiscal 2009 was $3.0 million compared to $4.5 million in the same...

Services Through Colorado and Inter-Mountain Region Business Editors/Telecommunications Writers

May 26, 2009 1:07 pm | by The Associated Press | News | Comments

DENVER-- (BUSINESS WIRE) — May 26, 2009-- Voxitas, a leading service provider of nationwide advanced network services and business class VoIP, today announced the expansion of its national network offering services in Denver, Colorado and throughout the Inter-mountain region. Voxitas business VoIP...

General Motors, Qwest, Apple are big movers, US

May 26, 2009 1:07 pm | by The Associated Press | News | Comments

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:NYSEGeneral Motors Corp., up 1 cent at $1.44Bondholders' approaching decision on whether to swap for equity and details of a labor deal shook shares as the bankruptcy...

Conn. man gets special probation in bribery case, CT

May 26, 2009 1:02 pm | by The Associated Press | News | Comments

MADISON, Conn. (AP) — A 74-year-old man accused of trying to bribe his Connecticut state representative with $40 will have his record cleared if he stays out of trouble for the next nine months.Hartford Superior Court Judge Hillary Strackbein granted Anthony Perrelli, of Madison, a special form of...

House OKs bill to make Ariz. 'Grand Canyon State', AZ

May 26, 2009 1:01 pm | by The Associated Press | News | Comments

PHOENIX (AP) — Arizona has an official bird, an official flower and even an official neckwear but not an official nickname.That would change with Arizona officially adopting its commonly used nickname of "the Grand Canyon State" under a bill overwhelmingly approved by the Arizona House.State...

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L'Oreal, eBay agree to mediation in French dispute, EU

May 26, 2009 1:01 pm | by The Associated Press | News | Comments

PARIS (AP) — L'Oreal and eBay have agreed to settle a dispute in France over counterfeit cosmetics through mediation instead of going to court.A top Paris court earlier this month gave both companies until this Monday to consider a proposal of mediation. At a hearing Monday, the companies accepted,...

HL:Top stories and photo for Tuesday, May 26, 2009@

May 26, 2009 1:01 pm | by The Associated Press | News | Comments

TOP PHOTO: @RANKIN INLET, @Nunavut, SKP110, (Vertical) Closeup of Governor General Michaelle Jean eating the heart of a seal during a community feast.TOP STORIES:@OTTAWA @— The latest employment insurance data showing recipients have surged by more than 10 per cent in March is an graphic indicator...

Ellen Reid's 2009 National Indie Excellence Award Winners & Finalists are Announced! Publishing Writers/Business Editors

May 26, 2009 1:01 pm | by The Associated Press | News | Comments

BEVERLY HILLS, Calif.-- (BUSINESS WIRE) — May 26, 2009-- Ellen Reid's 2009 National Indie Excellence Award Winners & Finalists have been selected. The contest recognizes small to mid-sized presses and independent and self-publishers who are emerging as a significant force in the book-publishing...

HL:Centerra Gold says work stopped at Boroo mine in Mongolia@

May 26, 2009 1:01 pm | by The Associated Press | News | Comments

TORONTO — Centerra Gold Inc. (TSX:CG) said Tuesday that unionized workers at its Boroo Mine in Mongolia have stopped work over a demand for more money.As a result mining and milling at Boroo has been suspended, the company said.Centerra said it believes this work stoppage is illegal, as there is a...

NJ man pleads to smuggling 16 million cigarettes, 1st Ld-Writethru, DC

May 26, 2009 1:01 pm | by MATTHEW BARAKAT - Associated Press Writer - Associated Press | News | Comments

ALEXANDRIA, Va. (AP) — A New Jersey man pleaded guilty Tuesday to smuggling nearly 16 million cigarettes he bought from undercover federal agents in Virginia to sell in New York and New Jersey.Mark A. Frondelli, 48, of Parlin, N.J., admitted as part of a plea agreement in U.S. District Court in...

PacTrust Bancorp, Inc. Announces $0.05 Quarterly Dividend Business Editors

May 26, 2009 1:01 pm | by The Associated Press | News | Comments

CHULA VISTA, Calif.-- (BUSINESS WIRE) — May 26, 2009-- First PacTrust Bancorp, Inc. (NASDAQ:FPTB), the holding company for Pacific Trust Bank (the "Bank"), announced today that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on its outstanding common...

Illinois Dems ask for Republican help on tax hike, IL

May 26, 2009 1:00 pm | by The Associated Press | News | Comments

SPRINGFIELD, Ill. (AP) — The president of the Illinois Senate says Democrats lack the votes to raise income taxes and are looking for Republican help.President John Cullerton said Tuesday that he has personally appealed to Republican leaders in the House and Senate to help balance the budget.He...

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